Since 1980, firms have made increasing use of joint ventures, networkbased arrangements, and other forms of intermediate transacting modes for both domestic and overseas projects [2]. However, many of these cooperative initiatives have performed poorly; estimates of the failure rate sustained by multinational joint ventures, for example, range from 37-70% of all those formed [8, 10]. Can histor...

Alliances represent a variety of governance contexts, and hence provide a rich empirical setting for studying the value-creation mechanisms of Information Technology (IT). We examine the influence of IT investment and flexible IT infrastructure, through Service Oriented Architecture (SOA), in the effect of alliance activity on firm performance. We find that the marginal contribution of each joi...